Porcupine mine

Last updated
Porcupine mine
McIntyre Porcupine Mines, Porcupine Gold Camp (16621765600).jpg
Vintage Postcard showing operations at McIntyre Porcupine Mines
Location
Canada location map 2.svg
Schlaegel und Eisen nach DIN 21800.svg
Porcupine mine
Location in Canada
Location Timmins
Province Ontario
Country Canada
Coordinates 48°27′46″N81°14′28″W / 48.4627°N 81.2412°W / 48.4627; -81.2412
Production
Products Gold
Owner
Company Discovery Silver
Website Porcupine Operations

The Porcupine mine is one of the largest gold mines in Canada and in the world. [1] The mine is located in Timmins, Ontario. [1] The mine has estimated reserves of 4.35 million oz (123.32 tonnes) of gold. [1] In January 2025, Newmont, the current owners of the mine, announced a deal to sell the mine to Discovery Silver for US$425 million. [2] In April 16, 2025, the deal was completed. [3]

See also

References

  1. 1 2 3 "Porcupine - Overview & Operating Highlights". goldcorp.com. 2013. Retrieved 2013-06-18.
  2. ↑ "Newmont selling Porcupine mining operation to Discovery Silver". Financial Post. 27 January 2025. Retrieved 29 January 2025.
  3. ↑ "Discovery Silver completes Porcupine deal". Mining Weekly. 16 April 2025. Retrieved 1 May 2025.

48°27′46″N81°14′28″W / 48.4627°N 81.2412°W / 48.4627; -81.2412


Mining symbol.svg

This article about a specific mine is a stub. You can help Wikipedia by expanding it.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.